NEW CLB CHIEF DILIP RAO SAHEB DESHMUKH

The Centre has appointed Dilip Rao Saheb Deshmukh, new chief of the Company Law Board. The Company Law Board is an independent quasi-judicial body in India which has powers to overlook the behaviour of companies within the Company Law. It was constituted in its present form on
IFFCO WINS DOTCOOP GLOBAL AWARD May 31, 1991.  Indian Farmers Fertiliser Cooperative Ltd. (IFFCO), has won the first-ever dotCoop global award for cooperative excellence. The award, which was sponsored by the U.S.-based firm DotCooperation LLC (dotCoop), was created to recognise the application of cooperative values and principles to drive cooperative and business success.  In another development, IFFCO Chairman Surinder Kumar Jakhar has been elected to the board of the global body International Cooperative Alliance for the second term. SBI-STATE BANK OF SAURASHTRA MERGER GETS PARLIAMENT NOD.  Parliament post-facto approved the merger of State Bank of Saurashtra (SBS) with State Bank of India (SBI) with Rajya Sabha passing it by voice vote amid opposition from Left parties.  The House approved the two bills to give effect to the merger that took place in 2008. WORLD'S FIRST HYBRID TWO-WHEELERS LAUNCHED  Eko Vehicles, has launched the world's first hybrid bikes and scooters.  The ET-120 and Strike which were developed in collaboration with US and UK based companies run both on gasoline and the battery  This 120cc capacity bike reduced the carbon emission to 50%. INDIA'S FIRST MEGA-WATT LEVEL SOLAR PHOTOVOLTAIC PLANT INAUGURATED MNRE Minister Farooq Abdullah inaugurated the country's first mega-watt level solar photovoltaic plant at Jamuria, near Asansol in West Bengal.Accepting that there is no clear blueprint for his ministry's plans for bringing solar power into the mainstay of India's energy mix, he said that about 1,300 MW of solar power would be added over the next three years. 8 INDIAN-ORIGIN CEOS AT BIG U.S COMPANIES: FORBES 

 PepsiCo’s Madras-born Indra Nooyi tops the list.  The Nagpur-born Vikram Pandit, the embattled CEO of the ailing Wall Street giant Citigroup, is the other prominent native Indian in the corner office.  The others in the prestigious league include Adobe Systems’ Shantanu Narayen, Cognizant’s Francisco D’Souza , storage devices firm LSI’s Abhijit Talwalkar, biopharma Sigma Aldrich’s Jai P. Nagarkatti , audio and infotainment equipment firm Harman International’s Dinesh C. Paliwal and Quest Diagnostics’ Surya Mohapatra . People with Indian roots are fast climbing up the American corporate ladder, and today there are as many as eight such CEOs including the likes of Indra Nooyi and Vikram Pandit, who run big U.S. corporations, according to a Forbes list titled.